Apple stock holders jump for joy

Should you sell now or hold out for even more profit if tomorrow's news blows …

As most AAPL shareholders know, Apple announcements almost never live up to the hype. This invariably leads to a short period of stock dumpage and drop in price. Even the x86 announcement, widely thought to be a smart move, resulted in a 5 point drop; Not as major as some of the other flops, but a dip in its own right. The announcement we wrote about last week said:

"1,000 songs in your pocket changed everything," the invitation reads, referring to the release of the first 5GB iPod nearly four years ago. "Here we go again."

Which almost begs analysts to begin conjuring up wild ideas of dish-washing iPod robots that double as DVRs. What could Apple possibly gain by whipping the Apple faithful into a frenzy like this? The stock has been driven to an all-time high of US$48.88 per share and will almost certainly suffer an amazing fall tomorrow. Does anyone out there seriously believe that Apple could be announcing something so revolutionary as to rival the original iPod?